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Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver June 26, 2018

USDCAD spot rate: 1.3305 - 1.3310 (as at 7:15am PST)

Ranges:

Asia:

1.3281

to

1.3306

Europe:

1.3291

to

1.3328

North America:

1.3293

to

1.3321

Technical Support / Resistance:

S2

S1

R1

R2

1.3200

1.3246

1.3366

1.3400

Key Economic Data Releases:

- Rmd Fed Index 20 (15 exp.) 16 previous

Event Calendar:

Date

Canada

U.S.A.

June 27

June 28

June 29

GDP, BOC business outlook survey

Durable goods orders, pending home sales

GDP (Q1 annualized)

Personal income / spending, Chicago PMI

U.S. stocks fluctuated after the biggest selloff since April, as investors assessed the outlook for trade and its implications on global growth. Treasuries turned lower and the dollar rose. The S&P 500 Index gyrated at its 50-day moving average, while the Dow Jones Industrial Average clung to an early advance. Technology shares hit hardest Monday bounced back to give the Nasdaq indexes solid gains. Harley-Davidson Inc. slumped as President Donald Trump railed against the motorcycle maker for planning to move production abroad in response to tariffs. In Asia, Chinese equities entered a bear market on concern about the country's ability to fight a trade war, while European shares bounced back from a rout. Currently, the TSX is up 0.12% and the DOW is up 0.23%. EURCAD is down 0.19% trading between 1.5500 and 1.5580. GBPCAD is down 0.27% trading between 1.7571 and 1.7673. JPYCAD is down 0.29% trading between 0.01211 and 0.01213. Gold is down 0.52 trading between $1,255 and $1,267USD/oz., silver is down 0.37% trading between $16.15 and $16.36USD/oz., while oil is up 1.30% trading between $67.86 and $68.73.

Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group

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